Jan. 1, 2013, seemed a long way off in the Chicken Summer of 2011. That’s when Congress reached a deal that ended, or rather postponed, the debt-ceiling crisis by declaring that automatic cuts in federal spending would be triggered at the beginning of 2013, unless a bipartisan supercommittee came up with a sweeping plan for… Continue reading No More Unemployment Extensions: But Make Sure You Bailout Your International Banks Through Increased Taxation!
The Spending Threat to Our National Defense Consider it a warning from the highest levels of the U.S. government. Yesterday, Secretary of State Hillary Clinton and Secretary of Defense Leon Panetta held a joint press event in Washington in which they cautioned that U.S. debt is jeopardizing America's ability to ensure national security and preserve its interests abroad. Death Toll For… Continue reading Obama Deconstructs U.S. Military: Cuts $400 Billion From Defense, & Approves Defense Secretary Robert Gate’s Cut Of Another $178 Billion!